SCHMID Group (NASDAQ:SHMD) Short Interest Down 23.9% in November

SCHMID Group (NASDAQ:SHMD) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 21,300 shares, a decline of 23.9% from the October 31st total of 28,000 shares. Based on an average daily volume of 31,600 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

SCHMID Group Stock Performance

Shares of NASDAQ:SHMD opened at $2.32 on Friday. SCHMID Group has a 1 year low of $2.18 and a 1 year high of $6.13. The business has a fifty day moving average price of $3.01 and a two-hundred day moving average price of $3.76.

About SCHMID Group

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.